5050-5054 Newport Ave
San Diego, CA 92107 Ocean Beach

Retail and restaurant leasing opportunity within a stone’s throw to the beach and iconic Ocean Beach pier.

Two ground floor retail / restaurant suites that can accommodate users 1,523 SF - 4,437 SF + rear or rooftop patio.

Full use of 7,347 SF parcel w/ ± 3,500 SF of secured private parking (or potential development).

Surrounded by a vibrant mix of established local restaurants, cafés, bars, and boutique retailers, whose strong synergy drives both daytime and evening traffic.

Prime positioning along Newport Avenue, Ocean Beach’s main retail corridor that benefits from abundance of year-round foot traffic.

Potential 2nd floor rooftop deck with whitewater ocean views.

1,243 SF 2nd floor could potentially be converted to commercial use.

Potential ground lease opportunity to activate the entire property (build above the rear parking lot, and maximize the 30' height limit).



Potential Ground Lease Opportunity

This unique two-story mixed-use property offers a compelling opportunity for both traditional retail tenancy and creative repositioning.

A Ground Lease of the entire property allows an operator to fully integrate both the ground floor commercial and 2 floor residential components into a cohesive concept.

With thoughtful planning, the 2nd floor units and rear parking area present a rare chance to reimagine the property into a larger scaled project, capitalizing on ocean views and creating a differentiated coastal experience.

Ideal opportunity for an operator seeking control, creativity, and long-term upside in a highly desirable location.

• Date available: Now
• Lease term: Negotiable
• Service type: Triple Net
• Space Type: Relet